Walgreens Investment Property For Sale

Title: Commercial Sales Associate
Phone: 513-932-6010

Address:

  • 1086 Reading Road
  • Mason, OH 45040

Price:

  • Sale Price: $1,800,000


Description:

Investment Property: 

  •  Lease in place until 2059; Termination option in 2024 
  • Price: $1,800,000
  • Cap Rate:9.1%

Property Description:

  •  Tenant occupied since 1998. 
  • Multiple 5-year renewals available at option of tenant, with full extension to 2059 
  • Hard corner location at signalized intersection of Reading Rd and Western Row Rd 
  • Drive-Thru equipped 
  • Triple Net Lease with limited landlord responsibilities 
  • Lot Size 2.25 acres (Includes .85 acres ground lease which purchaser shall assume) 
  • Population within 5-mile radius exceeds 146,000, median income of $85,000 
  • Property surrounded by National and Local Tenants such as: Skyline Chili, LaRosa’s Pizza, Dollar General Market, 
  • Close proximity to I-71, I-75 and I-275 and Mason Montgomery Road 

Additional Details:



  • CAP Rate: 9.1%

  • Zoning: B-3, Road Service District




  • Available: 13,821 SF


  • Total Acres: 2.25 Acres (w/Rw) includes Ground lease.85 acres (w/Rw)





All information furnished is from sources deemed reliable and is subject to errors, omissions and changes prior to sale as withdrawal without notice.

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